“FMIC Pulse provides new levels of data analysis and strategic market tracking previously unavailable,” states Matt Harding, Vice President of Chainalytics’ Freight Market Intelligence Consortium. “Shippers now have an opportunity to gain a deeper understanding of spot and contract rate changes, as well as pricing impacts on fluctuating capacity levels within transportation markets.”

FMIC Pulse employs machine learning and forecasting techniques to help shippers sense, measure, and predict changes in transportation markets. FMIC Pulse offers hands-free automated transfer of transportation data through cloud-based technologies for the immediate reporting of the current and forecasted market conditions. The new service will allow shippers to accurately forecast contract rates and projected costs affected by tightened capacity and spot rate increases.

About Chainalytics

Bright Minds. Better Methods. Best Outcomes. Chainalytics accelerates fact-based transformation for supply chain leaders around the globe, including 18 of Gartner’s Top 25 supply chains. We bring unparalleled passion to our core purpose: to help leaders realize maximum value from their supply chains. Our combination of top supply chain talent, proven methodologies and proprietary market intelligence delivers actionable insight and measurable outcomes. With locations across North America, Europe and Asia-Pacific, Chainalytics serves companies globally in a borderless fashion. Tap into the top minds in supply chain management today.